What are our data sources?
We use the data sources on the side for ranking solutions and awarding badges in iot software category. Our data sources in iot software category include;
IoT platforms enable IoT devices to communicate, transfer, process and analyze the data. An IoT platform is generally expected to have the following features:
AIMultiple is data driven. Evaluate 140 services based on
comprehensive, transparent and objective AIMultiple scores.
For any of our scores, click the information icon to learn how it is
calculated based on objective data.
*Products with visit website buttons are sponsored
Fracttal Box takes your business into the future, allowing the communication of the state of your business assets and to monitor them in real time
We use the data sources on the side for ranking solutions and awarding badges in iot software category. Our data sources in iot software category include;
review websites
social media websites
search engine data for branded queries
According to the weighted combination of 7 data sources
New Relic
Google Cloud Platform
Twilio
boomi
Splunk Enterprise
Taking into account the latest metrics outlined below, these are the current iot software market leaders. Market leaders are not the overall leaders since market leadership doesn’t take into account growth rate.
Google Cloud Platform
Blynk
Twilio
New Relic
boomi
These are the number of queries on search engines which include the brand name of the solution. Compared to other IoT categories, IoT Software is more concentrated in terms of top 3 companies’ share of search queries. Top 3 companies receive 48%, 34% more than the average of search queries in this area.
35 employees work for a typical company in this solution category which is 14 more than the number of employees for a typical company in the average solution category.
In most cases, companies need at least 10 employees to serve other businesses with a proven tech product or service. 69 companies with >10 employees are offering iot software. Top 3 products are developed by companies with a total of 800k employees. The largest company building iot software is IBM with more than 300,000 employees.
Taking into account the latest metrics outlined below, these are the fastest growing solutions:
New Relic
Google Cloud Platform
Twilio
boomi
Splunk Enterprise
We have analyzed reviews published in the last months. These were published in 4 review platforms as well as vendor websites where the vendor had provided a testimonial from a client whom we could connect to a real person.
These solutions have the best combination of high ratings from reviews and number of reviews when we take into account all their recent reviews.
This data is collected from customer reviews for all IoT Software companies. The most positive word describing IoT Software is “Easy to use” that is used in 9% of the reviews. The most negative one is “Difficult” with which is used in 3.00% of all the IoT Software reviews.
According to customer reviews, most common company size for iot software customers is 1-50 Employees. Customers with 1-50 Employees make up 31% of iot software customers. For an average IoT solution, customers with 1-50 Employees make up 10% of total customers.
These scores are the average scores collected from customer reviews for all IoT Software. IoT Software is most positively evaluated in terms of "Overall" but falls behind in "Likelihood to Recommend".
This category was searched on average for 1.8k times per month on search engines in 2022. This number has decreased to 1.6k in 2023. If we compare with other iot solutions, a typical solution was searched 505 times in 2022 and this decreased to 390 in 2023.